US News and World Report just released its list of top places to retire for 2020. US News considered 125 metro areas for this study and utilized sources from the Tax Foundation, the US Census Bureau and the US Bureau of Labor Statistics.
US News ranked such things as housing affordability, taxes, weather and proximity to health care services.
US News and World Report’s Top 10 Places to Retire for 2020
- Fort Myers, FL
- Median home price – $219,200
- Unemployment rate – 3.4%
- Average annual rainfall – 53.2”
- Sarasota, FL
- Median home price – $237,260
- Unemployment rate – 3.3%
- Average annual rainfall – 53”
- Lancaster, PA
- Median home price – $196,025
- Unemployment rate – 3.4%
- Average annual rainfall – 42”
- Asheville, NC
- Median home price – $248,500
- Unemployment rate – 3.2%
- Average annual rainfall – 37”
- Port St. Lucie, FL
- Median home price – $211,083
- Unemployment rate – 4.1%
- Average annual rainfall – 54”
- Jacksonville FL
- Median home price – $174,658
- Unemployment rate – 3.3%
- Average annual rainfall – 49.2”
- Winston-Salem, NC
- Median home price – $154,725
- Unemployment rate – 3.7%
- Annual average rainfall – 46.9%
- Nashville, TN
- Median home price – $248,883
- Unemployment rate – 2.8%
- Average annual rainfall – 47.3”
- Grand Rapids, MI
- Median home price – $181,533
- Unemployment rate – 3.1%
- Average annual rainfall – 38.3”
- Dallas – Fort Worth, TX
- Median home price – $248,375
- Unemployment rate – 3.5%
- Average annual rainfall – 36.1”
Emily Brandon, senior editor for Retirement at US News, said, “Deciding where to retire is an important part of your life plan. When considering potential retirement spots, you should look for an affordable cost of living, proximity to health care services and a strong economy, specially if you plan to work part-time.”
Thanks to CNBC’s Jessica Dickler for source data.
Also read: https://timandjulieharris.com/2019/09/11/best-places-to-buy.html, https://timandjulieharris.com/2019/10/18/tim-harris-this-is-personal.html, https://timandjulieharris.com/2019/09/24/four-reasons-to-buy-before-2020.html